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GAP INC — Director's Dealing 2015
Mar 17, 2015
30743_dirs_2015-03-17_62db36f2-a8f1-415c-9b80-506816c3774b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GAP INC (GPS)
CIK: 0000039911
Period of Report: 2015-03-14
Reporting Person: Goldfarb Solomon (EVP, Digital & Customer Exp.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-14 | Common Stock | M | 1250.0 | $0.0 | Acquired | 3787.2268 | Direct |
| 2015-03-14 | Common Stock | F | 469.0 | $41.13 | Disposed | 3318.2268 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-16 | Non-Qualified Stock Option (right to buy) | $41.27 | A | 30000.0 | Acquired | 2025-03-16 | Common Stock (30000) | Direct |
| 2015-03-14 | Restricted Stock Unit | $0.0 | M | 1250.0 | Disposed | Common Stock (1250) | Direct | |
| 2015-03-16 | Restricted Stock Unit | $0.0 | A | 2671.0 | Acquired | Common Stock (2671) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Gap Inc. Common Stock.
F2: On March 16, 2015, the reporting person was granted an option to purchase a total of 30,000 shares, vesting in four equal annual installments beginning on the first anniversary of the grant date.
F3: On March 14, 2011, the reporting person was granted 5,000 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date.
F4: On March 16, 2015, the reporting person was granted 2,671 restricted stock units, vesting in two equal annual installments beginning on the second anniversary of the grant date.